397 Park Avenue, Newmarket, ON

$1,699,999
MLS#:N12039629
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4 Bedrooms + 1 = 5 Total Bedrooms
2 baths
2500-3000 sqft
3.0 parking
Residential Freehold
Sold property - 5 Bed, 2 Bath Home at 397 Park Avenue Newmarket ON listed at $1,699,999 (MLS# N12039629) - Main View
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This property was sold on April 22, 2025. Listing is for reference only.
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Added:Mar 25, 2025(599 days ago)
Updated:Apr 22, 2025(571 days ago)
Last Checked:16 minutes ago

Property Highlights

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Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,699,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 59.5 x 80 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Incredible Home With All The Character Of A Turn Of the Century Home Yet Updated With All The Modern Conveniences. On One Of The Most Sought After Streets In Historic Downtown Newmarket! Steps To The New Postmark Hotel, Restaurants, Fairy Lake And All Amenities. Perfection++. Fabulous Layout With 9Ft Ceilings on Main Level, Stunning Gourmet Kitchen & Bathrooms, Formal Dining Room, Great Room With Gas Fireplace and Bay Window. Electrical, Plumbing, Ductwork, Drywall Etc. All significantly Updated Appprox 10 Years Ago. Remarkable Vaulted 11+ Ft Accent Ceilings in Both Bathrooms and 4th Bedroom! Pot Lights Galore, Gorgeous Glass Pocket Drs, Heated Floors (where tile), Custom Crown Moldings. All The Options/Upgrades With No Expense Spared! Walkout on 2nd Floor to Rebuilt Duradeck Protected Deck ('15). Front Deck Replaced ('16), Rear Deck (Trex) and Pillars Rebuilt ('16) Perfection+. Character Of A Century With No Older Home Hassles. All The Options/Upgrades With No Expense Spared.

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Property Summary

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This detached home located at 397 Park Avenue, Newmarket is currently for sale and has been available for 599 days. This property is listed at $1,699,999 with an estimated mortgage of $5,659* per month. It has 5 beds, 2 bathrooms, and is 2500-3000 square feet. 397 Park Avenue, Newmarket is in the Central Newmarket neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • •5 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •2500-3000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.

Target Buyer Match

Key Features

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Bedrooms
4 Bedrooms + 1 = 5 Total Bedrooms
Bathrooms
2
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateApril 22, 2025
Sold price information is available to members only
AddedMar 25, 2025 (599 days ago)
UpdatedApr 22, 2025 (571 days ago)
Last Checked16 minutes ago
Transaction TypeFor Sale
List Office NameKELLER WILLIAMS REALTY CENTRES

Property Details

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Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick
BasementUnfinished
Lot Size59.5 × 80 Feet
CountyYork
Annual Tax$6,378
Rental ItemsTankless Water Heater (new 2025)
Legal DescriptionPt Lot 16 & 17, Pl 31 As In R196459; Newmarket

Parking & Garage

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Parking Total3.0
Parking Space2
Garage TypeDetached

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

  • Greenbelt/Conservation
  • Hospital
  • Library
  • Place Of Worship
  • Public Transit
  • Rec./Commun.Centre

Interior Features

  • Water Heater Owned
  • On Demand Water Heater

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Newmarket Homeowner & Seller AdvisoryVerified Sold Comp

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This property at 397 Park Avenue, Newmarket, ON has closed. If you own a home on this street or nearby in Newmarket, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 397 Park Avenue, Newmarket, ON

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Q.What is the asking price for 397 Park Avenue, Newmarket, ON ?

The current listing price for 397 Park Avenue, Newmarket, ON in Central Newmarket, Newmarket is $1,699,999.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 2 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 397 Park Avenue, Newmarket, ON ?

397 Park Avenue, Newmarket, ON is a Detached (2 1/2 Storey) featuring a Unfinished basement.

Q.What key property features does 397 Park Avenue, Newmarket, ON offer?

Key property features include: Greenbelt/Conservation, Hospital, Library, Place Of Worship, Public Transit, Rec./Commun.Centre.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned, On Demand Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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397 Park Avenue, Newmarket, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Central Newmarket, Newmarket

SAFETY RATING9.1 / 10
Low Incident Area
Total Annual Incidents68 incidents / yr
Average Per Month5.7 incidents / mo
Population Benchmark22,000 residents
Personal Safety
Very Low

24 assaults (109.1/100k)

Property Security
Low

13 B&E (59.1/100k)

Auto Theft Risk
Moderate

18 thefts (81.8/100k)

1-Year Trend
▼ 4.2%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 397 Park Avenue, Newmarket, ON L3Y 1V7

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Central Newmarket, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,152,701

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Central Newmarket, Newmarket

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Central Newmarket, Newmarket Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

Recently Sold
$1,699,999

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